Population and asset allocation tables

About this data

The following tables contain details of:

• SMSF population growth
• asset allocation of SMSFs
• number of SMSFs established or wound up during recent financial years (quarterly and annual data)
• estimates of the amount of assets held by SMSFs for each type of asset.

These tables are updated on a quarterly basis. To view figures from before 2015, refer to historical data.

Population table – annual data

This table contains details of the number of SMSFs that were established or wound up during each financial year.

The establishment date is the date when an SMSF is deemed by the super law to come into existence. It can be different from the date the SMSF registers with us.

Wind-ups include both those initiated by trustees and those that occur as a result of our compliance and cleansing activity. Where the wind-up is initiated by the trustees, the year refers to the year the fund actually winds up, rather than the date this advice was received by us.

Net establishments are calculated as establishments less wind-ups.

The total number of SMSFs is calculated as the number of SMSFs as at the end of the previous financial year plus net establishments for the financial year.

The total number of members of SMSFs is estimated based on SMSF return form data. The estimates for June 2019 are extrapolated from 2017–18 data.

The data for this table was extracted on 12 November 2019.

Population table – annual data

Year ended	Establishments	Windups	Net establishments	Total number of SMSFs	Total members of SMSFs
June 2019	20,439	8,240	12,199	592,918	1,112,438
June 2018	25,431	23,328	2,103	580,719	1,088,954
June 2017	30,437	14,038	16,399	578,616	1,090,541
June 2016	32,834	12,582	20,252	562,217	1,059,307
June 2015	33,764	13,158	20,606	541,965	1,026,019

Population table – quarterly data

This table is similar to the population table – annual data but breaks the data down into each quarter since the June 2015 quarter.

Establishments and wind-ups for recent quarters may be understated because there is often a time lag between when the event occurs and when we receive notification from the SMSF. It is anticipated that the number of June 2019 quarter establishments and wind-ups will increase as more notifications are received.

Generally, we receive notifications of wind-ups as at the end of the financial year. This means the June quarters show significantly higher numbers of wind-ups than other quarters. Other quarters that show a high number of wind-ups may be due to our activities. For example, in recent years we cancelled around 9,000 SMSF Australian business numbers which were reflected in the September 2017 quarter.

Estimates of the total members of SMSFs for the September 2018 quarter onwards are extrapolated from 2017–18 return form data.

The data was extracted on 12 November 2019.

Population table – quarterly data

Quarter	Establishments	Windups	Net establishments	Total number of SMSFs	Total members of SMSFs
September 2019	5,778	114	5,664	598,582	1,124,699
June 2019	4,952	5,264	−312	592,918	1,112,438
March 2019	4,498	1,256	3,242	593,230	1,113,569
December 2018	4,800	1,056	3,744	589,988	1,107,969
September 2018	6,189	664	5,525	586,244	1,101,458
June 2018	5,928	11,005	−5,077	580,719	1,088,954
March 2018	5,927	1,686	4,241	585,796	1,099,151
December 2017	6,232	1,334	4,898	581,555	1,091,830
September 2017	7,344	9,303	−1,959	576,657	1,083,307
June 2017	8,382	10,696	−2,314	578,616	1,090,541
March 2017	7,368	1,404	5,964	580,930	1,095,752
December 2016	6,750	1,100	5,650	574,966	1,085,217
September 2016	7,937	838	7,099	569,316	1,075,214
June 2016	8,566	9,337	−771	562,217	1,059,307
March 2016	7,577	1,223	6,354	562,988	1,061,621
December 2015	7,085	987	6,098	556,634	1,050,369
September 2015	9,606	1,035	8,571	550,536	1,039,552
June 2015	8,596	9,371	−775	541,965	1,026,019

Asset allocation tables

All data in these tables are estimates. The tables contain data on:

• the amount of assets held for each type of asset listed on the SMSF annual return
• borrowings and other liabilities
• total and net Australian and overseas assets held.

The estimates are based on data provided by SMSFs reporting their financial position as at 30 June of the relevant financial year.

The figures for June 2015 through to June 2018 are based on return form data for those financial years. Each quarter, these estimates are updated as more return data becomes available.

Figures for September 2018 and subsequent quarters are extrapolated from 2017–18 return form data.

The estimates relate to the total SMSF population, including funds established in the most recent quarter. This means that any changes in asset allocation figures from one quarter to another will be based on estimates for funds established in that quarter as well as estimates for all other SMSFs.

The data was extracted on 12 November 2019.

Asset allocation table: Part 1

Quarter	Listed trusts ($m)	Unlisted trusts ($m)	Insurance policy ($m)	Other managed Investments ($m)	Cash and term deposits ($m)	Debt securities ($m)	Loans ($m)
September 2019	36,898	87,954	102	38,568	154,526	11,153	5,155
June 2019	36,568	87,168	103	38,931	155,118	11,196	5,204
March 2019	35,241	84,005	119	37,487	155,044	11,191	5,198
December 2018	33,943	80,911	115	35,327	155,386	11,215	5,238
September 2018	35,919	85,621	122	37,038	155,848	11,249	5,255
June 2018	36,016	85,851	123	36,126	156,419	11,290	5,281
March 2018	29,736	77,171	159	32,749	163,526	10,495	4,892
December 2017	30,432	78,978	161	32,666	163,680	10,505	4,903
September 2017	29,232	75,865	161	31,798	164,123	10,533	4,914
June 2017	29,270	75,964	162	31,359	164,768	10,575	4,933
March 2017	30,540	71,452	107	35,624	150,352	8,986	4,593
December 2016	29,340	68,645	107	34,750	149,561	8,939	4,575
September 2016	27,946	65,384	107	33,162	149,139	8,914	4,565
June 2016	27,009	63,191	140	29,809	148,993	8,905	4,554
March 2016	24,093	56,140	149	29,359	148,493	7,545	4,106
December 2015	24,306	56,636	152	29,647	147,630	7,501	4,117
September 2015	23,446	54,632	150	28,783	146,891	7,464	4,114
June 2015	23,937	55,775	153	28,623	146,310	7,434	4,112

Asset allocation table: Part 2

Quarter	Listed shares ($m)	Unlisted shares ($m)	Limited recourse borrowing arrangements ($m)	Non-residential real property ($m)	Residential real property ($m)	Collectables and personal use assets ($m)	Other assets ($m)
September 2019	227,588	8,502	43,072	64,606	35,024	364	19,108
June 2019	224,371	8,582	42,913	64,369	34,895	368	19,288
March 2019	208,774	8,573	42,887	64,330	34,874	367	19,266
December 2018	189,594	8,639	43,973	65,959	35,757	370	19,416
September 2018	208,534	8,667	44,833	67,248	36,456	371	19,478
June 2018	207,286	8,709	45,349	68,023	36,876	373	19,573
March 2018	190,675	7,942	42,283	68,520	35,576	372	19,445
December 2017	199,723	7,960	42,303	68,552	35,592	373	19,488
September 2017	187,017	7,977	41,714	67,597	35,096	374	19,530
June 2017	187,650	8,008	41,681	67,544	35,069	375	19,606
March 2017	197,029	7,077	30,080	74,574	32,274	355	17,860
December 2016	188,103	7,050	29,081	72,098	31,203	353	17,792
September 2016	179,394	7,035	27,665	68,588	29,684	353	17,753
June 2016	171,437	7,019	27,043	67,045	29,016	352	17,711
March 2016	165,353	6,318	22,528	67,555	24,657	418	16,849
December 2015	170,155	6,334	22,289	66,840	24,396	419	16,894
September 2015	160,252	6,330	22,035	66,076	24,118	419	16,881
June 2015	172,325	6,327	21,412	64,210	23,436	419	16,875

Asset allocation table: Part 3

Quarter	Overseas shares ($m)	Overseas non-residential real property ($m)	Overseas residential real property ($m)	Overseas managed investments ($m)	Other overseas assets ($m)
September 2019	8,876	137	339	1,180	3,011
June 2019	8,751	135	335	1,164	2,968
March 2019	8,142	125	311	1,083	2,762
December 2018	7,394	114	283	983	2,508
September 2018	8,133	125	311	1,081	2,759
June 2018	8,084	125	309	1,075	2,742
March 2018	5,887	145	319	829	2,444
December 2017	6,166	152	334	868	2,560
September 2017	5,774	143	313	813	2,397
June 2017	5,793	143	314	816	2,405
March 2017	4,576	145	331	817	2,868
December 2016	4,368	139	316	780	2,738
September 2016	4,166	132	301	743	2,611
June 2016	3,981	127	288	711	2,495
March 2016	3,311	111	264	671	2,546
December 2015	3,407	114	272	690	2,620
September 2015	3,209	108	256	650	2,467
June 2015	3,450	116	276	699	2,653

Asset allocation table: Part 4

Quarter	Total Australian and overseas assets ($m)	Borrowings ($m)	Other liabilities ($m)	Total net Australian and overseas assets ($m)
September 2019	746,164	24,481	6,332	715,351
June 2019	742,425	24,358	6,300	711,767
March 2019	719,780	23,615	6,108	690,057
December 2018	697,127	22,872	5,916	668,339
September 2018	729,050	23,920	6,187	698,943
June 2018	729,629	23,939	6,192	699,498
March 2018	693,163	23,844	6,008	663,311
December 2017	705,397	24,265	6,114	675,018
September 2017	685,371	23,576	5,940	655,855
June 2017	686,434	23,612	5,950	656,872
March 2017	669,639	23,302	6,153	640,184
December 2016	649,937	22,617	5,972	621,348
September 2016	627,642	21,841	5,767	600,034
June 2016	609,825	21,221	5,604	583,000
March 2016	580,466	18,247	5,564	556,655
December 2015	584,420	18,372	5,602	560,446
September 2015	568,279	17,864	5,447	544,968
June 2015	578,544	18,187	5,546	554,811

Find out about

• Annual SMSF population analysis tables
• September 2019 quarter establishment tables